Temple Independent School District
Annual Financial Management Report Financial Integrity Rating System of Texas (FIRST)
Fiscal Year 2015‐16
Using Data for Fiscal Year Ended June 30, 2015
Financial Integrity Rating System of Texas (FIRST) Fiscal Year 2015-16 (Using Data for Fiscal Year Ended June 30, 2015) Temple ISD Indicator
Result
Measure
1 Was the complete annual financial report (AFR) and data submitted to the TEA within 30 days of the November 27th or January 28 deadline depending on the school district's fiscal year end date of June 30 or August 31, respectively?
Y
11/20/2015
2a Was there an unmodified opinion in the AFR on the financial statements as a whole? (The American Institute of Certified Public Accountants (AICPA) defines unmodified opinion. The external independent auditor determines if there was an unmodified opinion.)
Y
Unmodified Opinion
2b Did the external independent auditor report that the AFR was free of any instance(s) Y of material weaknesses in internal controls over financial reporting and compliance for local, state, or federal funds? (The AICPA defines material weakness.)
No Material Weaknesses
3 Was the school district in compliance with the payment terms of all debt agreements at fiscal year end? A debt agreement is a legal agreement between a debtor (= person, company, etc. that owes money) and their creditors, which includes a plan for paying back the debt.)
Y
No Default Disclosures
4 Did the school district make timely payments to the Teachers Retirement System (TRS), Texas Workforce Commission (TWC), Internal Revenue Service (IRS), and other government agencies?
Y
Timely Payments
5 Was the total unrestricted net asset balance (Net of accretion of interest for capital appreciation bonds) in the governmental activities column in the Statement of Net Assets greater than zero?
Y
$ 19,969,701
6 Was the number of days cash on hand and current investments in the general fund for the school district sufficient to cover operating expenditures (excluding facilities acquisition and construction)? (Goal: > 90 days)
N
7 Was the measure of current assets to current liabilities ratio for the school district sufficient to cover short-term debt? (Goal: > 3.00)
N
8 Was the ratio of long-term liabilities to total assets for the school district sufficient to support long-term solvency? (Goal: < 0.60)
Y
Five-year percent change in students > = 10%?
Points
57.58 days
4
2.7271
8
0.5189
10
-2.61%
9 Did the school district's general fund revenues equal or exceed expenditures (excluding facilities acquisition and construction)? If not, was the school district's number of days of cash on hand greater than or equal to 60 days?
Y
$1,880,630
10
10 Was the debt service coverage ratio sufficient to meet the required debt service? ( Goal: >1.20)
Y
2.1545
10
11 Was the school district's administrative cost ratio equal to or less than the threshold ratio? (10.0% for TISD)
Y
9.03%
10
12 Did the school district not have a 15 percent decline in the students to staff ratio over 3 years (total enrollment to total staff)? (If the student enrollment did not decrease, the school district will automatically pass this indicator.)
Y
3.96% increase 12-13: 7.297% 14-15: 7.586%
10
13 Did the comparison of Public Education Information Management System (PEIMS) data to like information in the school district's AFR result in a total variance of less than 3 percent of all expenditures by function?
Y
No Variance
10
No Material Noncompliance
10
Y
No Adjusted Repayment Schedule
10
Totals Points Awarded
92
Did the external independent auditor indicate the AFR was free of any instances(s) 14 of material noncompliance for grants, contracts, and laws related to local, state, or federal funds? (The AICPA defines material noncompliance.) 15 Did the school district not receive an adjusted repayment schedule for more than one fiscal year for an over allocation of Foundation School Program (FSP) funds as a result of a financial hardship?
Y
RATING A = Superior
1
Determination of District Rating A.
Did the district answer No to indicators 1, 2a, 3, 4, or 5? If so, the district's rating is F for Substandard Achievement Points
B.
Determine rating by applicable number of points (Indicators 6 - 15) A = Superior
70 - 100
B = Above Standard
50 - 69
C = Meets Standard
31 - 49 < 31
F = Substandard Achievement
2
3
Superintendent Jennifer Robin Davis Battershell 22.74 $ 829.70 $ 327.60 518.98 177.10 1,235.29 325.00 730.00 $ 3,313.97 $ 852.44 Linell Davis $ 101.19 520.59 33.00 460.00 $ 1,114.78
Ronnie Gaines $ 76.71 520.59 267.10 460.00 $ 1,324.40
Board Members Shannon Dan Gowan Posey $ 54.94 $ 520.59 347.06 33.00 238.00 410.00 325.00 $ 1,018.53 $ 910.06 Virginia Suarez $ 33.00 50.00 $ 83.00
Steve Wright $ 85.00 $ 85.00
$0.00
Note – Compensation does not include business revenues generated from a family business (farming, ranching, etc.) that has no relation to school district business.
Summary Amounts
None
For the Twelve-Month Period Ended June 30, 2015 Name(s) of Entity(ies)
Outside Compensation and/or Fees Received by the Superintendent for Professional Consulting and/or Other Personal Services
Meals – Meals consumed off of the school district's premises, and in-district meals at area restaurants (excludes catered board meeting meals). Lodging – Hotel charges. Transportation – Airfare, car rental (can include fuel on rental), taxis, mileage reimbursements, leased cars, parking, and tolls. Motor fuel – Gasoline. Other - Registration fees, telephone/cell phone, internet service, fax machine, and other reimbursements (or on-behalf of) to the superintendent and board member not defined above.
Note - The spirit of the rule is to capture all “reimbursements” for fiscal year 2015, regardless of the manner of payment, including direct pay, credit card, cash, and purchase order. Reimbursements to be reported per category include:
For the Twelve-Month Period Ended June 30, 2015 Description of Reimbursements Meals Lodging Transportation Motor Fuel Other Total
Reimbursements Received by the Superintendent and Board Members
4
$0.00
Superintendent Robin Battershell
$0.00
Jennifer Davis
$0.00
Linell Davis
$0.00
Board Members Shannon Gowan
$0.00
Ronnie Gaines
$0.00
Dan Posey
$0.00
Virginia Suarez
$0.00
Steve Wright
$0.00
Superintendent Robin Battershell
$0.00
Jennifer Davis
$0.00
Linell Davis
$0.00
Board Members Shannon Gowan
$0.00
Ronnie Gaines
$0.00
Dan Posey
$0.00
Virginia Suarez
Note - The summary amounts reported under this disclosure are not to duplicate the items disclosed in the summary schedule of reimbursements received by board members.
Summary Amounts
For the Twelve-Month Period Ended June 30, 2015
Business Transactions Between School District and Board Members for Fiscal Year 2015
$0.00
Steve Wright
Note – An executive officer is defined as the superintendent, unless the board of trustees or the district administration names additional staff under this classification. (Any gifts received by their immediate family as described in Government code, Chapter 573, Subchapter B, Relationships by Consanguinity or by Affinity will be reported under the applicable school official.)
Summary Amounts
For the Twelve-Month Period Ended June 30, 2015
Gifts Received by Executive Officer(s) and Board Members (and First Degree Relatives, if any) in Fiscal Year 2015
5
6
7
8
9
10
11
